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Search Results 0 to 49 of about 89 (some duplicates have been removed)
KCSMMHZ
Dec 6, 2012 2:30pm PST
gloomy projection for the eurozone. the bank expects the 17-nation economy to contract again in 2013, meaning another year of recession, but there is a glimmer of hope ahead. >> later in 2013, economic activity should gradually recover as global demand strengthens and our accommodative monetary policy stance and significantly improved financial market confidence works its way through the economy. >> the ecb expects muted growth in 2014, and with inflation falling, the bank might be prepared to lower interest rates again next year if it thinks that could help stimulate the battered eurozone economy. >> the latest unemployment figures from france are not encouraging. the french office of -- statistics office says the jobless rate rose to 10.3% in the third quarter of 2012, a 13- year high. youth unemployment remains at a particular problem -- nearly a quarter of adults under the age of 25 are without a job. that is the highest rate since youth unemployment statistics were introduced in 1999. turning to the markets now, that news from the european central bank was not all gloomy. our co
MSNBC
Dec 5, 2012 11:00pm PST
to protect the top 2%. better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich but president obama held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loophol
CNN
Dec 2, 2012 10:00am PST
for regional power. israel has the most powerful economy and military, but lacks political power for obvious reasons. turkey has economic and military power, but it also has growing regional clout. egypt is the natural leader of the arab world but it's not in a position to dominate. its economy is shambles, its military is second rate. the public opposition has been reassuring. the middle east is a complex region that is changing fast. grand generalizations about it are likely to be undone by events. but it is a more vibrant, energetic, open, even democratic place than the middle east a generation ago. for more, read my column in this week's "time" magazine. let's get started. >>> it was a week filled with tension and violence in egypt. there were mass protests after morsi issued a decree neutering the judiciary. there were demonstrations in his favor, and a constitution was drafted that spurred protest on the street. what to make of it all? two of my favorite scholars are with me. welcome, guys. conventional wisdom is this is a power grab by morsi. is that accurate? >> his dclaration gave h
FOX News
Dec 5, 2012 8:00am PST
over the last four years, there is progress in some key sectors of our economy. we've seen housing finally begin to bounce back for the first time, and that obviously has an enormous ripple affect throughout the economy. consumer confidence is as high as it's been. many of you over the last two, three years have experienced record profits or near record profits and have a lot of money where you're prepared to invest in plants, and equipment, and hire folks. obviously globally the economy is still soft. europe is going to be in the doldrums for quite some time. asia is not charging forward and some of the emerging markets are not charging forward as quickly as they were maybe a few years ago. but i think what all of you recognize and many of you have told me is that everybody is looking to america, because they understand that if we're able to put forward a long-term agenda for growth and prosperity that is broad based here in the united states, that confidence will not just increase here in the united states, it will increase globe balance leave. globally and i think we can get the
KCSMMHZ
Dec 4, 2012 6:00am PST
to do or turn back the clock and return to the politics of old. >> translator: i will bring the economy out of deflation, correct the high yen, lead economic growth, enrich people's lives, and recover an economy where young people don't have to worry about finding jobs. i'll strengthen social security and will promote the reconstruction of the disaster-hit northeast. we'll aim to take back power by winning a majority along with the new komeito party. >> candidates from the following parties are also running -- tomorrow party, new komeito, restoration party, japanese communist party, your party, social democratic party. new party daichi, people's new party, new party nippon, and new renaissance party. candidates are trying to win one of the 480 seats in the lower house. there are 300 single-seat districts. parties win a number of the other 180 seats depending on how much of the proportional representation vote they capture. 1,294 candidates filed to run in the single-seat constituencies. and 1,001 candidates are running for seats in the proportional representation system. they'll share t
FOX News
Dec 7, 2012 4:00pm PST
on the economy today. really competing signs. it's not all good. first the good though the labor department reports the economy added 146,000 jobs last month that exceeds what the analysts had been predicting. and the unemployment rate went down significantly really from 7.9% in october to 7.7% in november. and that is the lowest rate in this nation in almost four years. but then there is. this the government reports the jobless rate fell largely because more americans just quit looking for work entirely. and now an estimated 22.7 million americans are either unemployed or under employed. meaning they have put the job search on hold or they are working part time for economic reasons what about super storm sandy. analysts say it cut slew of hours. 67,000 americans with full-time jobs worked part time for weather-related reasons. in november, after the storm, that number spiked to more than a million people. traders on wall street said at first they didn't know what to make of the data. but boy the end of the day the dow you was up 81 points to close above 13,100. ed henry is live at the whit
MSNBC
Dec 5, 2012 1:00pm PST
that will affect your spending, lifestyles or the economy in any significant way. >> yes, indeed. the president is standing confident standing firm on middle class tax cuts and against any effort by republicans to throw the debt ceiling into the equation. >> if congress in any way suggests that they're going to tieç negotiations to debt ceilg votes and take us to the brink of default once again, as part of a budget negotiation, i will not play that game. >> as the president perfects his steely gaze, keep in mistake he's keeping side eye on splintering cracks appearing amongst congressional republicans' supposedly solid front. >> personally u i know we are to raise revenue. i don't care which way we do it. i would rather see the rates go up than do it the other way. >> let's take the american people out of the line of fire. particularly that 98%. >> maybe there's something in the oklahoma water supply. if republican lawmakers are falling pray to the mendacious middle class those at fox news are standing up for the needs of those persecuted top earners. >> this is a different america. how did w
FOX News
Dec 4, 2012 8:00am PST
are willing to make sure we don't go over this fiscal cliff but at the same time don't harm this economy. what has to happen here if the president shows a little leadership we are willing to stay in the room and stay here and we are willing to get this done. that's why you saw a proposal that is raoeubl reasonable that meets his criteria. >> reporter: steny hoyer said in the next few days we will see substantive movement in private to get this done. jenna: we'll continue to watch the play-by-play, mike, thank you. jon: right now we are continuing to await a speech by former president george w. bush, the speakers are taking to the podium there to get ready to introduce the former president. he is set to address a conference there in dallas, where he will spotlight the positive impact of immigration on u.s. economic growth. this as the g.o.p. looks to attract more hiss to the party. meantime mr. bush's father, former president george h.w. bush is spending another day in the hospital being treated for bronchitis and a lingering cough. we told you about that last week when we first found out that
FOX News
Dec 7, 2012 6:00am PST
about is 350,000 americans in this report alone. a really staggering the state of our economy now. here's a bit more for the labor report. 12 million americans still unemployed. about 40% of them have been out of work for 27 weeks or longer. more than eight million americans only working part time due to the current state of the economy. martha: new comments about the crisis in syria coming from secretary of state hillary clinton. the u.s. and other nations fear that the syrian regime could use chemical weapons against its own people. secretary clinton making it very clear that syrian president bashar al-assad must go. >> let me also be absolutely clear. the united states stands with the syrian people in insisting that any transition process result in a unified, democratic syria. in which all citizens are represented. sunni, alawite, christians, kurds, men, women, every syrian must be included in this process for a new and better future. martha: still far from where we are right now in the country of syria where 45,000 people have been killed under the assad regime. president, secretary
FOX News
Dec 1, 2012 4:00pm PST
. >> and some people fear going off of the cliff could cost thousands of jobs and push our fragile economy back in recession. it seems like we have been down this road before. that deal according to the president and congressional republicans is far from a sure thing. the president said it was a so-called balanced approach to solve this crisis and what he proposed this week was a classic bait and switch on the american people. >> it is unacceptable for republicans to hold middle class tax hostage because they refuse to let them go up on the wealthiest americans. >> people saying that the deal he offered doesn't look like a deal. steve is live in the washington bureau. is there any movement on either side. >> not much. a few republicans who are willing to talk about higher tax rev news but not higher tax rates. the president made a direct appeal to the public. the toy factory in pin pen. he urged congress to pass a bill and extend the era tax cuts for middle class only. >> congress could prevent a tax hike on the first 250,000, of everybodiy income. that means 98 percent of americans and nen per
CSPAN
Dec 5, 2012 5:00pm EST
are the impediments to that? we have an economy that aren't creating enough of those middle-class jobs and we don't have enough people with skills to do those jobs and there are a lot of people that fall into those categories. access to education and the impediments i faced in my own life to education and how impossible it would have been for us to go to college if there weren't pell grants and student loans. it's the social realities and social changes that have occurred. you can't separate economic well-being from their social well-being. there are many young kids in america that are growing up in difficult circumstances raised by heroic parent, a grandmother in substandard housing, poor nutrition and schools that are failing. those kids are going to struggle. they don't go to after-school activities because the paints can't afford the fees. can you succeed? there are parents out there doing amazing things and will be the first ones to tell you, it is hard, but we can't be the country we need to be if we don't address that. government can have a role but civil society has a bigger role and we s
CNN
Dec 3, 2012 8:00pm PST
, in order to protect small businesses and our economy. instead, new revenue would be generated through progrowth tax reform that closes special interest loopholes and deduksz while lowering rates. i'm going to guess that is the very line that the white house is going to say no deal to, right? >> so let me understand. if, in fact, we want $800 billion in new revenues, and we can do that through closing loopholes, limiting deductions for the wealthy in this country, and we're going to not have a deal because it's not a rate increase, but rather taking the same amount of money from the same people and we're going to say no to that? >> well, there are people who said, the math doesn't work out. closing the loopholes doesn't get you enough money. >> soledad, i've been studying this for seven years. that's bologna. there's -- it's easy to get $800 billion out of the wealthy in this country by limiting deductions and taking away options that are specifically benefiting only the well off in this country. >> case, but -- >> all you have to do is -- for example, people making more than $250,000
FOX News
Dec 3, 2012 8:00am PST
a trillion dollars next year, there is more and more money on the sidelines in this economy. which means there are even more jobs that won't get created. that means economic growth will even decrease more. so, the president's got to wake up an realize he owns this economy. it is not in his political benefit to do this brinkmanship. jon: debbie, my understanding that the most to everybody agrees that the big drivers of government spending are entitlement programs like social security and medicare and medicaid. why not talk about reducing the expenditures there somehow? >> i want to say several things. one of the things got to do stop taking cheap shots. the secretary of treasury is one of the most serious people in this government. has the trust of the president and that is who the president is sending in here. let's stop taking these cheap shots. that is the kind of stuff we have to stop doing. you are right, this uncertainty is hurting the economy and putting money on the sideline, why we have to solve it. we need to walk into a room and put everything on the table. social security and
CNN
Dec 5, 2012 8:00am PST
, there is progress in some key sectors of our economy. we've seen housing finally begin to bounce back for the first time and that obviously has an enormous ripple effect throughout the economy. consumer confidence is as high as it's been. many of you, over the last two or three years, have experienced record profits or near record profits and have a lot of money where you're prepared to invest in plants and equipment and hire folks. obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back right now, ironically, is a lot of stuff that's going on in this town and i know that many of you have come down here to try to see,
FOX News
Dec 6, 2012 8:00am PST
market, and by being perceived as generally sort of willing to play chicken with the economy doesn't sound like a brilliant political move to me. jon: you think that's all talk? >> i think it's a game of chicken, i really do. i think that the republicans would probably get a lot of blame in the beginning, and that's maybe what they are thinking of and they are trying to scare the republicans, but over the long term there is just no way this administration wants to go overt fisca over the fiscal cliff. whether they are willing to turn the wheel last it's possible, but the idea that they are vying with the idea strikes me as preposterous. jon: you write that the news media is essentially biased against republicans and any conservative idea that wins here is not going to gain a lot of favor, so is it a case in which republicans are sort ever dammed if they do, and dammed if they don't? >> that's sort of been the theme of the last four years is that republicans basically can't win. part of what i proposed in that column was basically the shouldl back position of basically adopting or p
MSNBC
Dec 5, 2012 6:00am PST
really wants to avoid sending the economy over the fiscal cliff, he has done nothing to demonstrate it. the position of congressman tom cole, that the party should agree immediately to extend the bush tax rates for americans making less than $250,000 a year is the best of a bunch of bad choices for the gop. >> the g 0 op is boxed in saying it's a terrible position because by default democrats get what they want. a big bargaining chip for house republicans is they need congress to raise the debt ceiling before the end of february when analysts estimate the treasury would run out of options and hit the borrowing cap. no deal is reached. closer to the deadline and today they will argue that's bad for business. help in supporting an approach without drama or delay a. >> we can't be going through another debt crisis, debt ceiling crisis like in 2011. that has to be dealt with. >> the president of the business roundtable has said congress should raise the debt ceiling enough for the next five years to avoid uncertainty. clearly that's something that won't happen. short term spending cuts sho
CSPAN
Dec 7, 2012 6:00am EST
business with key sectors in the iranian economy, with energy and shipbuilding and shipping and ports, this amendment that would shut down businesses that are involved in sectors which fund the proliferation activities of iran, of that regime, is crucial. in addition, the amendment is going to prohibit business with all designated persons connected to the iranian government. it bans trade and commodities used, it is designed to stop iran from busting sanctions by receiving payment in gold or using oil payments in local currency to buy gold. we have got to stop an effort to water down these sanctions. i say that because i remember the votes in the past, i remember our effort on the central bank. it was only because we got unanimous votes because we got so much sport that we were able to deploy those. let me add there's another portion of the amendments here that targets the regime for their human rights abuses and i think one of the areas where we have really been short, for those of you who talked to those who have been in the prisons, who have experienced the torture, seen the murder
FOX News
Dec 2, 2012 1:00pm PST
billion slashed from domestic programs. an estimated 2 million jobs could be lost pushing the economy back into a recession adding to the misery to those facing tough times by ending jobless benefits for the long term unemployed. steve is live in washington. where do we stand at this point? >> reporter: two sides did do something today. they appeared on the sunday talk shows but they haven't negotiated an actual deal. john boehner blasted the white house plan which was put forward last week. boehner says the president essentially wasted the last three weeks since the election with nonsense. >> the president is asking for $1.6 trillion worth of new revenue over ten years, twice as much as he been asking for in public. stimulus spending that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: and boehner says he was flabbergasted when he was given the proposal. >> heather: and democrats are defending themselves? >> treasury-secretary tim geithner on fox news defending the president's plan for raising revenues, cutting spending and reduce the d
KCSMMHZ
Dec 7, 2012 2:30pm PST
that this is something that more companies might do also next year, especially if the situation of the eurozone economy does not improve. >> let's take a quick look at some market numbers now. the dax ended the day almost 0.25% down. the euro stocks 50 down just a tad. across the atlantic, the dow jones is currently going up about 0.3%, and the euro is trading for $1.2925. >> three former workers at those two banks a huge losses were concealed to avoid a government bailout. the complaints were filed with u.s. regulators, including the securities and exchange commission. >> the three alleged deutsche bank miss valuable to $12 billion in losses during the years 2007 through 2009 at the height of the global financial crisis. deutsche bank says the accusations are wholly unfounded. work has started on a major natural gas pipeline that critics say will deepen europe's dependence on russian gas. president putin was on hand as they began digging for the south stream pipeline. >> to augment supplies already flowing into germany. europe already receives 40% of its natural gas from russia. german investment and
CSPAN
Dec 4, 2012 8:00pm EST
are an economy that is driven by consumer demand. i cannot think of anything that would be more guaranteed to put the economy in a recession than increasing the price of all goods and services that we purchase by 20-25%. >> host: we'll give brad on twitter the last word here. he says negotiate and simplify, let the republicans lower taxes and get rid of the amt. john buckley, thank you for your help this morning in helping us try to understand the alternative minimum tax, appreciate it. >> guest: okay, good. >> in a few moments, a discussion of house spending cuts in the so-called fiscal cliff. in a little less than an hour, more about the fiscal cliff with republican representative tom cole from oklahoma. then the head of fema testifies on capitol hill about the government's response to hurricane sandy. and later, senate debate on the u.n. treaty for the disabled. ♪ ♪ >> this weekend on c-span3's american history tv, follow harry truman easeleddest grandson to hiroshima as the city prepared to mark the bombing of the city in 1945. >> you know, everybody has their own view what happened, and
CSPAN
Dec 5, 2012 7:00am EST
. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there would not be as much spending or taxes needed. then let the states deal with the taxes they need to take care of their citizens. host: robert, milwaukee, democratic caller. caller: i would like to say that the republican party, not all of them, i think it's just the tea party, they are destroying the republican party. when i saw senator dole in his wheelchair yesterday and military disabled individuals throughout the world, when they did not pass the ada treaty, which was signed in 1990 by president george h. w. bush and then it continued on with president bush and clinton and everyone else thereafter, when they did that, now i understand they are just not the party that any of us would want to be involved with. that's all i have to
CNN
Dec 4, 2012 1:00pm PST
. >> the concern people have is the world economy is in a very fragile state right now. i don't have to say what the problems of the eurozone have, they're very manifest. but the global economy as a whole, there's a lack of confidence, a worry about where it's going. so if you in america, and people have a lot of confidence in america in this regard, if you can sort out this issue, then even though that doesn't sort out all the problems of the american or global economy, it would be a big boost and give people a sense of confidence that there was -- you guys have got your act together. the decisions were being taken, and i think it will be good for you and good for us. so i hope you do it. i believe you will. i know right now there's bound to be tough negotiations. the president has been re-elected and i think that gives the situation its own special momentum. i hope you resolve it and then we're going to have to take some tough decisions over our way, too. >> very quickly. there was a cute video of hillary clinton here in washington over the weekend, and it had a clip from you in there. i'll pl
Current
Dec 3, 2012 9:00am PST
of the economy that george w. bush left him with! he didn't come in and say gee the first thing i want to do is raise food stamps, a lot has been the unemployment insurance. if has been to address the worst financial crisis we've had since the great depression. >> since herbert hoover. >> the last businessman president. >> obama: both parties say we should keep middle class taxes low. the senate's already passed a bill to keep income taxes from going up on middle-class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans on board i'll sign this bill as soon as congress sends it my way. >> tax cuts for the 98%. slight raise in taxes for the top 2%. seems like a pretty good deal. >> stephanie: yes. oh, by the way. [ ♪ "world news tonight" ♪ ] , robert rice as usual has a great piece of why we should stop obsessing about the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish pres
FOX News
Dec 9, 2012 3:00am PST
this could do to the housing market, actually to the economy as a whole, i don't think there's a comparison. >> clayton: yesterday, 4.8 billion, the government is spending, borrowing already. 1 billion as opposed to 4 per day. and how will it effect home owners less likely to buy homes, less likely to sell the home and stuck underwater and affect their credit with the tax cut expiring? >> there's huge implications, 14 million home owners underwater on their homes and 4 million homes already in the default process and short sales have been making up. home sales in general and distressed real estate. 40% of the sales and half has been short sales. by letting this tax cut expire you deincentivizes the process and we're going to see home prices come down if that happens and a lot of negative impact on the housing market. >> blight perhaps in other neighborhoods that affect someone who may stay in the neighborhood. >> great to see you and we'll certainly being keeping our eye on the mortgage forgiveness debt relief act. >> thanks for asking hee. >> clayton: a prank call to kate middleton's nurse
CNN
Dec 6, 2012 12:00am PST
, on everything from the american economy, to the royal baby, to his personal mission about child labor. ♪ [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. >>> gordon brown is making his mission to stop what he calls the new slavery. millions of children around the world forced to work at shockingly young ages. the former prime minister is serving as the u.n. envoy for global education. and he joins me now. welcome to you, gordon. >> good evening. >> this is a really disturbing report. 215 million children globally are believed to be at work, of which 15 of the 61 million who don't go to school, are child laborers. you, amid your horror, have come up with some possible solutions. tell me what you think we should be doing about this. >> i think we should ban child labor for young children. and i think we should get these children to school. and what we are exposing this week is something quite intolerable that
FOX News
Dec 4, 2012 1:00pm PST
economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful thing to have the expire world recovering from world war ii but that is not where we are. highe
FOX News
Dec 5, 2012 4:00pm PST
crisis. citigroup had survived with the help of two taxpayer bailouts. meanwhile the economy still missing the mark on adding jobs nationwide. employers added fewer new jobs last month and economists were opening and expecting. according to the payroll firm adp the private sector added 118,000 jobs in november. analysts had predicted a gain of 125,000. members of congress watched the attack play out in realtime at a classified briefing today on capitol hill. lawmakers say the national intelligence director showed them video of that attack that killed our u.s. ambassador to libya chris stevens and three other americans on september 11th of this year. catherine herridge live on capitol hill with more. catherine? >> well, thank you, harris. good evening. lawmakers say that this brief was constructive and that at times the videos were hard to watch. >> this was supposed to be sovereign u.s. territory and people can just come in and walk in on us like that without any kind of resistance, really makes your blood boil because you are thinking to yourself where is the security? >> to the d
FOX News
Dec 6, 2012 3:00pm PST
this one. that is good for the american economy. >> republicans believe the reason the president is going light on spending cuts and demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this isn't about getting a handle on the deficits or debt for him. it's about spending even more than he already has. >> white house aides reject republican claims that holding the debt limit over the president head is the only mechanism to get him to trim spending. >> you are going to keep the debt limit goes higher and you're spending money. you and congress. >> president signed in law, $1 trillion in spending cuts. there is a specific proposal to achieve $600 billion in savings from our entitlement programs. including our healthcare entitlement program. jay carney went so far to compare republican pressure on debt creeling to hostage taking. >> this is a profoundly bad idea that i think could not be more frightening for american businesses. and american workers. >> of course, treasury secretary geithner it go may have also frightened people yesterday. by telling c
MSNBC
Dec 3, 2012 6:00am PST
on the debt. >>> all the numbers indicate that going off the fiscal cliff would hurt the u.s. economy in the short term. but could it be the best thing in the long run? going off that fiscal cliff. to this point most of the conversation has been focused on what happens in january, and for good reason. there's no deal in congress. tax rates go up for a lot of folks, all americans. and a $1.2 trillion worth of defense and spending cuts will be automatically enacted. excuse me, that fiscal cough i told you about. the alternative minimum tax kicks in and put it all together and the results are pretty. the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do
WHUT
Dec 6, 2012 6:00pm EST
-interest of rich countries. if the big developing countries tried to grow their economies exactly how the u.s. and europe did, for example, then we are guaranteed a 6 degree world. essentially, are urging him to step up to the world that he says he wants, to be a climate champion. we just had a press conference where the leaders of the least developed countries, the head of the african group, and small island states, shared exactly our concerns. to be honest, their voices were breaking when they spoke to us about how desperate they are about the negotiations and are clearly putting the blame on rich countries, particularly the united states, as one of the culprits. >> samantha smith, you are a leader of wwf, the world wildlife fund. >> that is what we call it in the united states. >> the level of this conference is a c within another c. if they turn one of them around, it looks like the logo of comedy central. that is funny, but not so much in the context of this subject. the news you were reading about environmentalists and the dangers they face. >> as i was preparing to come to doha, i he
FOX News
Dec 3, 2012 4:00pm PST
of the overall assemblage of lawmakers on capitol hill to hold the american economy hostage, to threaten default on the american economy. >> the bottom line tonight is that white house officials are telling me unless john boehner admits that basically the president won the election, and that, in fact, taxes have to go up, in terms of tax rates have to go up on the rich, the president is prepared to see the nation go off the fiscal cliff, shep. >> shepard: what's the thinking on whether they can actually come together at some point here, ed? >> right now it's pretty dim. if you look at what speaker john boehner said in that exclusive interview with our own chris wallace on "fox news sunday." he said right now there are nowhere in these talks. other serious republicans like lindsey graham says he thinks we are edging closer to closer to this just being in calamity. >> i think we are going over the cliff. it's pretty clear to me that they made a political calculation. >> he believes we are likely to go of 00 cliff now. the bottom line is tonight the president is hosting congressional leaders for th
CSPAN
Dec 4, 2012 9:00am EST
will have a fundamentally adverse impact on the global economy spent it's doing it now with china and japan. that's interesting, as you've got two of the biggest economies in the world in a nightmare situation that raises a fundamental question, and it's of ending this myth that economics draws people closer together. part of the title today is "mischief or miscalculation?." during the cold war, what was interesting is you can have 17 different spheres of contact with the soviets and if two and if to implement you it's about 15 others. there was a lot of heavy investment figuring out how to communicate and how to coordinate, how to deal with escalation, how do you talk about that. and in this era, when i look at the amount of time, particularly in the obama administration, even more so than the george w. bush of administration, you look at senior officials who go to asia, throughout the region, and also the discussion and attempt to courtney with china. there seems to be a lot of that to try to coordinate. but again coming back to jim steinberg was the fourth member of this panel would happ
CSPAN
Dec 4, 2012 5:00pm EST
when, as we all recall, our economy was thriving. under the senate-passed plan, a family earning $255,000 a year would pay an extra 150 bucks in taxes. in opposing the middle-class tax cuts act, republicans claim that it would hurt the economy to raise tax rates on the top 2% of income earners. speaker boehner reiterated that line last week, saying, "it will hurt small businesses. it will hurt the economy." well, that is vintage republican political theory but it's just not supported by the facts. in a recent report, the nonpartisan congressional budget office estimated that extending the middle-class tax cuts would boost our national g.d.p., our gross domestic product, by 1.25% next year. it said the economic effects of extending only the middle-class rates are similar to those of extending all of the rates. why? because upper-income taxpayers are less likely to spend their tax savings back into the economy. in other words, c.b.o. reports we would get virtually no economic bang for our federal buck by extending the upper-income tax cuts the republicans are fighting for. c.b.o.'s anal
FOX Business
Dec 1, 2012 8:00pm EST
the republicans favored. >> the damage it will do to the economy. i don't think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of the day he wan a legacy. it's going to be the highest unemployment in history for two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and me to some kind of an agreement. we have been down this road before where republicans of given on th taxes. was in the white house with reagan. they promised dollars in cuts. they didn't give us anything. bush went through the same drill when he broke his tax pledge, busch sr. we have had this history before. basically, tell us what you're going to do. there will be a stimulus by fixing he northeast from the storm. add another 50 billion out there on top of the package. and then the audacity of saying, i'm going to raise the debt ceiling whenever i want to. give me permission to do that. it's absolutely absurd. lo
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